Singapore Exports to South Korea
Singapore's exports to South Korea fell to $20.65 billion in 2023, down from $20.84 billion in 2022, according to the UN Comtrade Database. This represents a decrease of 0.9% ($189.51 million) from the previous year. Top exports from Singapore to South Korea were Electrical machinery and equipment ($7.97 billion), Machinery, mechanical appliances, reactors ($4.66 billion), Mineral fuels, oils, waxes and bitumen ($1.77 billion).
Singapore had a trade deficit with South Korea that narrowed to $5.01 billion in 2023 from $9.79 billion in 2022. This is a decrease of 48.8% ($4.78 billion).
Singapore Exports to South Korea by Goods (2023)
The table below shows the ranking of Singapore exports to South Korea by goods in 2023, highlighting the top exported goods.
| Export Rank | Exported Goods | Export Value (USD) ↓ | Year |
|---|---|---|---|
| 1 | Electrical machinery and equipment; audio and video equipment | $7.97B | 2023 |
| 2 | Machinery, mechanical appliances, reactors | $4.66B | 2023 |
| 3 | Mineral fuels, oils, waxes, bitumen | $1.77B | 2023 |
| 4 | Essential oils, perfumery, cosmetics | $1.49B | 2023 |
| 5 | Optical, medical, measuring instruments | $1.16B | 2023 |
| 6 | Miscellaneous chemical products | $830.98M | 2023 |
| 7 | Unspecified commodities | $532.56M | 2023 |
| 8 | Pharmaceutical products | $286.58M | 2023 |
| 9 | Organic chemicals | $277.75M | 2023 |
| 10 | Aircraft, spacecraft, parts | $275.82M | 2023 |
| 11 | Plastics and plastic articles | $239.06M | 2023 |
| 12 | Beverages, spirits, vinegar | $149.41M | 2023 |
| 13 | Glass and glassware | $119.71M | 2023 |
| 14 | Rubber and rubber articles | $72.73M | 2023 |
| 15 | Dyes, pigments, tanning extracts, paints, inks | $64.33M | 2023 |
| 16 | Inorganic chemicals, precious metal compounds, isotopes | $56.17M | 2023 |
| 17 | Cocoa and cocoa preparations | $48.26M | 2023 |
| 18 | Pearls, precious stones, metals, jewelry, coins | $45.10M | 2023 |
| 19 | Paper, paperboard and articles | $42.80M | 2023 |
| 20 | Soap, detergents, waxes, candles, dental products | $39.59M | 2023 |
| 21 | Iron and steel | $38.97M | 2023 |
| 22 | Articles of iron or steel | $36.08M | 2023 |
| 23 | Miscellaneous edible preparations | $34.06M | 2023 |
| 24 | Vehicles other than railway or tramway and parts | $31.69M | 2023 |
| 25 | Tools, cutlery, base metal parts | $30.56M | 2023 |
| 26 | Copper and copper articles | $29.43M | 2023 |
| 27 | Works of art, antiques | $29.16M | 2023 |
| 28 | Aluminium and aluminium articles | $22.81M | 2023 |
| 29 | Printed books, newspapers, printed matter | $20.16M | 2023 |
| 30 | Food industry residues, animal feed | $18.40M | 2023 |
| 31 | Fats and oils, edible fats, waxes | $18.25M | 2023 |
| 32 | Miscellaneous manufactured goods | $16.17M | 2023 |
| 33 | Furniture, bedding, lighting, prefabricated buildings | $15.76M | 2023 |
| 34 | Clocks, watches, parts | $14.93M | 2023 |
| 35 | Glues, enzymes, modified starches | $13.01M | 2023 |
| 36 | Knitted or crocheted clothing | $11.83M | 2023 |
| 37 | Coffee, tea, mate, spices | $10.32M | 2023 |
| 38 | Leather goods, bags, saddlery, travel goods | $10.17M | 2023 |
| 39 | Tin and tin articles | $9.41M | 2023 |
| 40 | Footwear and parts | $9.29M | 2023 |
| 41 | Tobacco, nicotine products and substitutes | $9.04M | 2023 |
| 42 | Non-knitted clothing | $7.16M | 2023 |
| 43 | Miscellaneous base metal articles | $6.77M | 2023 |
| 44 | Photographic and cinematographic goods | $5.26M | 2023 |
| 45 | Ships, boats, floating structures | $5.07M | 2023 |
| 46 | Articles of stone, cement, mica, asbestos | $4.64M | 2023 |
| 47 | Other textile articles, worn clothing, rags | $4.32M | 2023 |
| 48 | Ceramic products | $4.12M | 2023 |
| 49 | Sugar and confectionery | $3.86M | 2023 |
| 50 | Toys, games, sports goods | $3.55M | 2023 |
| 51 | Fish, crustaceans, molluscs, aquatic invertebrates | $3.38M | 2023 |
| 52 | Other base metals, cermets | $3.27M | 2023 |
| 53 | Pulp, recovered paper, paperboard | $2.43M | 2023 |
| 54 | Lac, gums, resins, vegetable extracts | $2.35M | 2023 |
| 55 | Prepared meat, fish, crustaceans, insects | $1.94M | 2023 |
| 56 | Cereal, flour, starch, milk preparations, bakery | $1.73M | 2023 |
| 57 | Wadding, felt, twine, ropes, cords | $1.72M | 2023 |
| 58 | Raw hides, skins, leather | $1.56M | 2023 |
| 59 | Headgear | $1.48M | 2023 |
| 60 | Explosives, pyrotechnics, matches | $1.43M | 2023 |
| 61 | Man-made filaments | $1.29M | 2023 |
| 62 | Nickel and nickel articles | $1.28M | 2023 |
| 63 | Salt, sulphur, stone, cement | $1.26M | 2023 |
| 64 | Technical textile fabrics, coated fabrics | $653,282.73 | 2023 |
| 65 | Milling products, malt, starch, inulin, wheat gluten | $639,893.52 | 2023 |
| 66 | Ores, slag, ash | $500,743.89 | 2023 |
| 67 | Zinc and zinc articles | $491,318.13 | 2023 |
| 68 | Lead and lead articles | $404,944.26 | 2023 |
| 69 | Dairy, eggs, honey, other animal products | $391,119.47 | 2023 |
| 70 | Special woven fabrics, lace, embroidery | $377,210.53 | 2023 |
| 71 | Furskins and artificial fur | $368,400.55 | 2023 |
| 72 | Prepared vegetables, fruits, nuts | $268,125.94 | 2023 |
| 73 | Wood and wood products, charcoal | $252,306.39 | 2023 |
| 74 | Edible fruits and nuts, citrus or melon peel | $234,972.35 | 2023 |
| 75 | Musical instruments, parts | $178,000.82 | 2023 |
| 76 | Meat and edible offal | $111,243.91 | 2023 |
| 77 | Cereals | $105,420.47 | 2023 |
| 78 | Railway locomotives, rolling stock, track equipment | $83,360.52 | 2023 |
| 79 | Edible vegetables, roots, tubers | $74,079.96 | 2023 |
| 80 | Silk | $72,948.18 | 2023 |
| 81 | Carpets and textile floor coverings | $55,739.97 | 2023 |
| 82 | Live plants, bulbs, roots, cut flowers, foliage | $52,518.88 | 2023 |
| 83 | Man-made staple fibres | $24,762.81 | 2023 |
| 84 | Cotton | $23,100.15 | 2023 |
| 85 | Feathers, down, artificial flowers, human hair goods | $14,872.43 | 2023 |
| 86 | Arms, ammunition, parts | $13,097.33 | 2023 |
| 87 | Vegetable textile fibres, paper yarn | $11,554.54 | 2023 |
| 88 | Umbrellas, canes, whips, riding crops | $11,532.95 | 2023 |
| 89 | Fertilizers | $10,567.21 | 2023 |
| 90 | Vegetable plaiting materials, other vegetable products | $9,401.19 | 2023 |
| 91 | Knitted or crocheted fabrics | $5,891.19 | 2023 |
| 92 | Oilseeds, grains, fodder, medicinal plants | $5,088.52 | 2023 |
| 93 | Basketware, wickerwork, straw goods | $2,500.33 | 2023 |
| 94 | Live animals | $583.01 | 2023 |
| 95 | Cork and cork products | $256.88 | 2023 |
Singapore Exports to South Korea (1989-2023)
The table below shows historical data for Singapore exports to South Korea by year, expressed in Billion USD.
| Year | Export Value (Billion USD) |
|---|---|
| 2023 | 20.65 |
| 2022 | 20.84 |
| 2021 | 19.68 |
| 2020 | 16.75 |
| 2019 | 15.21 |
| 2018 | 15.65 |
| 2017 | 16.74 |
| 2016 | 14.52 |
| 2015 | 14.48 |
| 2014 | 16.69 |
| 2013 | 16.62 |
| 2012 | 16.58 |
| 2011 | 15.48 |
| 2010 | 14.34 |
| 2009 | 12.57 |
| 2008 | 12.28 |
| 2007 | 10.63 |
| 2006 | 8.82 |
| 2005 | 8.05 |
| 2004 | 7.39 |
| 2003 | 6.06 |
| 2002 | 5.21 |
| 2001 | 4.69 |
| 2000 | 4.91 |
| 1999 | 3.56 |
| 1998 | 2.57 |
| 1997 | 3.69 |
| 1996 | 3.80 |
| 1995 | 3.25 |
| 1994 | 2.54 |
| 1993 | 2.06 |
| 1992 | 1.43 |
| 1991 | 1.39 |
| 1990 | 1.17 |
| 1989 | 0.86 |